Jan 13, 2013 2:00am EST
with things that might do better. >> there are 9 states who don't have a personal income tax. you compare the state of vermont with the state of new hampshire. new hampshire has no sales tax or personal income tax and does better over time than the neighboring state of vermont that is a so-called progressive state. on a national level change the constitution or we will end up with a income and a consumption tax. >> unfortunately the constitution was changed in order to bring in the income tax. >> you have to change or we would get the both. >> you are against the idea of bobby gindale. >> i don't like sales tax. we saw the experiment in europe with that. they are onerous often than income tax . they are sneaky, too. it is vast and they are put in every element of sales and you don't know what the true tax rate and the cost. gin dale's program is to replace one source of government to do with another. it doesn't reduce what john and i would like to reduce the flow of money to the government. >> milton freeman didn't like national sales tax because it is too easy for governments to raise mo
Jan 6, 2013 9:00am EST
this out. a lot of things are state base silly laws. but don't impact the economy . last year was an election year, we have a small number of regulations that are hitting us. >> you bring up an interesting point. emac, the's new list of regulations that are 77,000 pages was issued on the friday before christmas. trying to get buried in the holidays. >> it was released between april and october. these rules are going to cost the economy 128 billion . that is it one estimate out there. even russian czar said i don't rule russia. my miniczar's do. rich has it right. burrcrats are justifying and creating n rules . and i lk to them. they have to hire tir own burrcrat to dole with the government burrcrats. >> emac said you need new administrators and czars. >> maybe it would add jobs. but it is important to point out regulations are necessary. even governor romney said that . porly -- case in point. oregon is coming out with a law that makes employers not discriminate against unemployed applicants that is it important. we have seen discrimination there. that is good for the economy.
Jan 6, 2013 2:00am EST
around the world. >> ben? >> i love it . spiders. index fund. >> are they going to beat stocks. >> i don't thi they would. i like adams more than bens. ann forbes on fox. >> forget tax hikes in the new year. is the bigger worry the 77,000 pages of new regulations for making it illegal to own more than four cats and releasing wild hogs in the wild and using or serving single serve water bottles and regulations health care law. is it about to dry up the job market? hi, everybody. welcome to forbes on fox and go in focus with teave, rick and elizabeth and rich and morgan and victoria. now, rich. there are a lot of silly things and important rules and regs that are going to affect small business necessary america, right? >> you are right about that. you should look at financial regulations which makes it still hard for small businesses to get loans. health care regulations, obama care is it adding a cost burden evewhere you look behind ery nook and cranny. environmental regulations that is killing small businesses. california farmers are ruined in the protection of the certain in60s and labo